According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.99% per year. Prices in 2003 are 1223.1% higher than prices in 1937.
In other words, CA$100 in the year 1937 is equivalent in purchasing power to CA$1,323.08 in 2003, a difference of CA$1,223.08 over 66 years.
The inflation rate in 2003 was 2.08%.
|Cumulative price change||1223.08%|
|Average inflation rate||3.99%|
|Price difference (CA$100 base)||CA$1,223.08|
|CPI in 1937||7.8|
|CPI in 2003||103.2|
Politics and news often influence economic performance. Here's what was happening at the time:
You may use the following MLA citation for this page: “1937 dollars in 2003 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 16 Feb. 2018, http://www.in2013dollars.com/1937-CAD-in-2003.